COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 08 September 12
INDO INDIA ROUTE FREIGHT FOR SUPRAMAX REMAINS STRONG - CAPT. REDDY
COALspot.com - The freight market overall remained weak and except for cape index all other sectors were down. The biggest drop was in the Panamax s ...


Saturday, 08 September 12
RIO TINTO COMPLETES ACQUISITION OF BHP BILLITON'S INTERESTS IN RICHARDS BAY MINERALS
Rio Tinto has doubled its holding in Richards Bay Minerals (RBM) following the completion of its acquisition of BHP Billiton’s entire inte ...


Friday, 07 September 12
HBA GAINS $ 1.56 PER MT IN SEPTEMBER
COALspot.com -  The Indonesian government’s declared coal reference price has gained US$ 1.56 per MT  M-o-M. This is the first gain ...


Thursday, 06 September 12
SOME ANCHORED PANAMAX VESSELS WAITING FOR CARGOS TO COME
Handy According to Fearnleys weekly report, in the smaller segments Fearnleys sees little to no changes since last week. There are still entering s ...


Thursday, 06 September 12
DRY BULK CARRIERS STILL IN HIGH DEMAND AMONG SHIP OWNERS, BUT NEWBUILDING ACTIVITY SLIDES IN AUGUST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The slide of the dry bulk market this year hasn't abated ship owners' appetite for dry bulk carriers, as evidenced by the steady interest expresse ...


   916 917 918 919 920   
Showing 4586 to 4590 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • NALCO India
  • Total Coal South Africa
  • Madhucon Powers Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Runge Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Straits Asia Resources Limited - Singapore
  • GMR Energy Limited - India
  • Tamil Nadu electricity Board
  • Bulk Trading Sa - Switzerland
  • Kaltim Prima Coal - Indonesia
  • Medco Energi Mining Internasional
  • ACC Limited - India
  • Vitol - Bahrain
  • SN Aboitiz Power Inc, Philippines
  • Arutmin Indonesia
  • Uttam Galva Steels Limited - India
  • Aditya Birla Group - India
  • Panama Canal Authority
  • Planning Commission, India
  • Asian Development Bank
  • Coal and Oil Company - UAE
  • Singapore Mercantile Exchange
  • SGS (Thailand) Limited
  • Gresik Semen - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • GHCL Limited - India
  • Ince & co LLP
  • Goldman Sachs - Singapore
  • VISA Power Limited - India
  • KPCL - India
  • Riau Bara Harum - Indonesia
  • IHS Mccloskey Coal Group - USA
  • London Commodity Brokers - England
  • Core Mineral Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Salva Resources Pvt Ltd - India
  • Indonesian Coal Mining Association
  • Coal Orbis AG
  • SUEK AG - Indonesia
  • Peabody Energy - USA
  • Indo Tambangraya Megah - Indonesia
  • Jatenergy - Australia
  • Pipit Mutiara Jaya. PT, Indonesia
  • BRS Brokers - Singapore
  • Lanco Infratech Ltd - India
  • TANGEDCO India
  • Kobexindo Tractors - Indoneisa
  • Energy Development Corp, Philippines
  • Trasteel International SA, Italy
  • Directorate General of MIneral and Coal - Indonesia
  • Idemitsu - Japan
  • IOL Indonesia
  • CIMB Investment Bank - Malaysia
  • Berau Coal - Indonesia
  • Banpu Public Company Limited - Thailand
  • Ministry of Transport, Egypt
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • BNP Paribas - Singapore
  • Mintek Dendrill Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Bhushan Steel Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • The Treasury - Australian Government
  • Gujarat Electricity Regulatory Commission - India
  • Ceylon Electricity Board - Sri Lanka
  • Kumho Petrochemical, South Korea
  • Platou - Singapore
  • Coalindo Energy - Indonesia
  • Oldendorff Carriers - Singapore
  • KOWEPO - South Korea
  • The University of Queensland
  • Star Paper Mills Limited - India
  • GNFC Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Posco Energy - South Korea
  • Petrochimia International Co. Ltd.- Taiwan
  • ICICI Bank Limited - India
  • Dalmia Cement Bharat India
  • Mercuria Energy - Indonesia
  • Adani Power Ltd - India
  • ASAPP Information Group - India
  • Australian Commodity Traders Exchange
  • Siam City Cement PLC, Thailand
  • MS Steel International - UAE
  • Interocean Group of Companies - India
  • Larsen & Toubro Limited - India
  • Global Coal Blending Company Limited - Australia
  • ING Bank NV - Singapore
  • Tanito Harum - Indonesia
  • SRK Consulting
  • Freeport Indonesia
  • Siam City Cement - Thailand
  • Coastal Gujarat Power Limited - India
  • Electricity Authority, New Zealand
  • PTC India Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Reliance Power - India
  • Qatrana Cement - Jordan
  • Jindal Steel & Power Ltd - India
  • Mechel - Russia
  • New Zealand Coal & Carbon
  • Barasentosa Lestari - Indonesia
  • Mjunction Services Limited - India
  • Antam Resourcindo - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Asia Cement - Taiwan
  • Intertek Mineral Services - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Borneo Indobara - Indonesia
  • CCIC - Indonesia
  • IBC Asia (S) Pte Ltd
  • Minerals Council of Australia
  • Attock Cement Pakistan Limited
  • Pinang Coal Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Bangladesh Power Developement Board
  • UOB Asia (HK) Ltd
  • Jorong Barutama Greston.PT - Indonesia
  • Indorama - Singapore
  • Thai Mozambique Logistica
  • Romanian Commodities Exchange
  • Ministry of Finance - Indonesia
  • Price Waterhouse Coopers - Russia
  • PowerSource Philippines DevCo
  • Kideco Jaya Agung - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Makarim & Taira - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Aboitiz Power Corporation - Philippines
  • Maybank - Singapore
  • Moodys - Singapore
  • Commonwealth Bank - Australia
  • Thriveni
  • Petrosea - Indonesia
  • Credit Suisse - India
  • Sojitz Corporation - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Deutsche Bank - India
  • Maruti Cements - India
  • Power Finance Corporation Ltd., India
  • Global Business Power Corporation, Philippines
  • Savvy Resources Ltd - HongKong
  • Argus Media - Singapore
  • Sucofindo - Indonesia
  • Tata Chemicals Ltd - India
  • JPMorgan - India
  • Essar Steel Hazira Ltd - India
  • Independent Power Producers Association of India
  • TNB Fuel Sdn Bhd - Malaysia
  • Bhatia International Limited - India
  • SMG Consultants - Indonesia
  • Samsung - South Korea
  • ETA - Dubai
  • Kartika Selabumi Mining - Indonesia
  • Central Electricity Authority - India
  • Pendopo Energi Batubara - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Bangkok Bank PCL
  • Ministry of Mines - Canada
  • Parry Sugars Refinery, India
  • Coal India Limited
  • Sindya Power Generating Company Private Ltd
  • Glencore India Pvt. Ltd
  • Heidelberg Cement - Germany
  • International Coal Ventures Pvt Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Manunggal Multi Energi - Indonesia
  • Shree Cement - India
  • Asmin Koalindo Tuhup - Indonesia
  • Bank of America
  • Jaiprakash Power Ventures ltd
  • Coaltrans Conferences
  • Energy Link Ltd, New Zealand
  • India Bulls Power Limited - India
  • Britmindo - Indonesia
  • Platts
  • Cement Manufacturers Association - India
  • SMC Global Power, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • World Bank
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Parliament of New Zealand
  • Formosa Plastics Group - Taiwan
  • Global Green Power PLC Corporation, Philippines
  • Barclays Capital - USA
  • Xstrata Coal
  • Cosco
  • Semirara Mining Corp, Philippines
  • CESC Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • White Energy Company Limited
  • Anglo American - United Kingdom
  • PLN - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Gupta Coal India Ltd
  • Kapuas Tunggal Persada - Indonesia
  • Bank of China, Malaysia
  • Marubeni Corporation - India
  • Mitsubishi Corporation
  • Merrill Lynch Commodities Europe
  • Renaissance Capital - South Africa
  • Eastern Coal Council - USA
  • Sakthi Sugars Limited - India
  • McConnell Dowell - Australia
  • EIA - United States
  • IMC Shipping - Singapore
  • Cemex - Philippines
  • Cardiff University - UK
  • SASOL - South Africa
  • EMO - The Netherlands
  • AsiaOL BioFuels Corp., Philippines
  • South Luzon Thermal Energy Corporation
  • Xindia Steels Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Simpson Spence & Young - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Thiess Contractors Indonesia
  • JPower - Japan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Thailand Anthracite
  • OCBC - Singapore
  • Coeclerici Indonesia
  • World Coal - UK
  • Rio Tinto Coal - Australia
  • Fearnleys - India
  • PetroVietnam
  • Metalloyd Limited - United Kingdom
  • GVK Power & Infra Limited - India
  • Indonesia Power. PT
  • PetroVietnam Power Coal Import and Supply Company
  • Central Java Power - Indonesia
  • Malco - India
  • Semirara Mining and Power Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • Economic Council, Georgia
  • KEPCO - South Korea
  • Standard Chartered Bank - UAE
  • Shenhua Group - China
  • GAC Shipping (India) Pvt Ltd
  • Eastern Energy - Thailand
  • Wood Mackenzie - Singapore
  • bp singapore
  • GB Group - China
  • ANZ Bank - Australia
  • Grasim Industreis Ltd - India
  • Surastha Cement
  • RBS Sempra - UK
  • Indian School of Mines
  • McKinsey & Co - India
  • Agrawal Coal Company - India
  • Vale Mozambique
  • Gujarat Sidhee Cement - India
  • Baramulti Group, Indonesia
  • Binh Thuan Hamico - Vietnam
  • Russian Coal LLC
  • Adaro Indonesia
  • Ernst & Young Pvt. Ltd.
  • Mitsui
  • MEC Coal - Indonesia
  • Carbofer General Trading SA - India
  • Japan Coal Energy Center
  • KPMG - USA
  • U S Energy Resources
  • Edison Trading Spa - Italy
  • Noble Europe Ltd - UK
  • Bukit Baiduri Energy - Indonesia
  • Cargill India Pvt Ltd
  • Indogreen Group - Indonesia
  • San Jose City I Power Corp, Philippines
  • Ambuja Cements Ltd - India
  • Bharathi Cement Corporation - India
  • Lafarge - France
  • Petron Corporation, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Chettinad Cement Corporation Ltd - India
  • globalCOAL - UK
  • Videocon Industries ltd - India
  • Humpuss - Indonesia
  • Australian Coal Association
  • Merrill Lynch Bank
  • Sinarmas Energy and Mining - Indonesia
  • Chamber of Mines of South Africa
  • Meenaskhi Energy Private Limited - India
  • Karaikal Port Pvt Ltd - India
  • Deloitte Consulting - India
  • Mitra SK Pvt Ltd - India
  • APGENCO India
  • Wilmar Investment Holdings
  • Latin American Coal - Colombia
  • Maersk Broker
  • Therma Luzon, Inc, Philippines
  • IEA Clean Coal Centre - UK
  • J M Baxi & Co - India
  • Electricity Generating Authority of Thailand
  • Orica Mining Services - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Sree Jayajothi Cements Limited - India
  • Georgia Ports Authority, United States
  • Cebu Energy, Philippines
  • Altura Mining Limited, Indonesia
  • Indian Energy Exchange, India
  • GN Power Mariveles Coal Plant, Philippines
  • Infraline Energy - India
  • Port Waratah Coal Services - Australia
  • Mercator Lines Limited - India
  • TNPL - India
  • TRAFIGURA, South Korea
  • Inco-Indonesia
  • UBS Singapore
  • Orica Australia Pty. Ltd.
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Clarksons - UK
  • Sical Logistics Limited - India
  • The State Trading Corporation of India Ltd
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PLN Batubara - Indonesia
  • Indika Energy - Indonesia
  • Arch Coal - USA
  • Indian Oil Corporation Limited
  • DBS Bank - Singapore
  • Toyota Tsusho Corporation, Japan
  • Bhoruka Overseas - Indonesia
  • HSBC - Hong Kong
  • Permata Bank - Indonesia
  • Geoservices-GeoAssay Lab
  • Thermax Limited - India
  • Enel Italy
  • WorleyParsons
  • The India Cements Ltd
  • Tata Power - India
  • TeaM Sual Corporation - Philippines
  • Directorate Of Revenue Intelligence - India
  • Thomson Reuters GRC
  • CNBM International Corporation - China
  • Bukit Makmur.PT - Indonesia
  • Kobe Steel Ltd - Japan
  • Ind-Barath Power Infra Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TGV SRAAC LIMITED, India
  • Kepco SPC Power Corporation, Philippines
  • European Bulk Services B.V. - Netherlands
  • CoalTek, United States
  • Malabar Cements Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Africa Commodities Group - South Africa
  • Vizag Seaport Private Limited - India
  • Inspectorate - India
  • Meralco Power Generation, Philippines
  • Maheswari Brothers Coal Limited - India
  • Vedanta Resources Plc - India
  • Rudhra Energy - India
  • NTPC Limited - India
  • Samtan Co., Ltd - South Korea